Left: Milan Radovich, SVP and Chief Scientific Officer at Caris Life Sciences; Right: Boris L. Zaïtra, Head of Roche Corporate Business Development [Photos: LinkedIn/Roche]
Under the terms of the agreement, Caris is eligible to receive upfront and near-term payments of $25 million and is also eligible for up to $1.1 billion of potential research, development, commercial, and net sales payments, as well as potential tiered royalties on net sales of collaboration therapies, the company said.
Funding 25 projects across 17 institutions, the Dallas-founded nonprofit is prioritizing metastatic disease, precision medicine, and closing care gaps.
Eric Matthews will provide strategic leadership to biopharma business development, and through his executive leadership, support Caris' expanding portfolio of biopharma partnerships, the company said.
Irving-based Caris said that via this multiyear agreement, Moderna will leverage Caris’ extensive library of de-identified, multimodal data solutions derived from whole exome sequencing, whole transcriptome sequencing, and protein analyses—along with claims data to improve development strategies for Moderna’s oncology pipeline.
The new center, on the campus of UT Arlington, will be available to academic and corporate researchers. Official said it could help elevate the region as a leader in precision medicine.
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North Texas is a big place, with plenty to do, see, hear, and watch. We scour the internet every week to find events and activities for you. As always, things may change at any time, so be sure to check the official website or registration page for the latest details....
Dallas–Fort Worth has become one of the fastest-growing business ecosystems in the United States. Major corporations continue relocating headquarters to North Texas, venture-backed startups are scaling, and entrepreneurs from across the country are increasingly choosing Dallas as the place to build....
Southern Methodist University has announced the formation of The Dallas Office at SMU. The university describes it as its “front door to the city and region,” aimed at deepening collaboration with Dallas-based corporations, civic organizations, and community partners while expanding access to its talent, research, and expertise....
Balerion Space Ventures, a Dallas-based venture capital fund investing in next-gen space, defense, and deep technology companies, has announced the appointment of Beau Spradling as chief financial officer and the establishment of the firm’s headquarters at the Old Parkland campus....
Nextdoor, the popular online neighborhood network, has announced the opening of its Dallas office, in a city that’s already home to the company’s co-founder and CEO, Nirav Tolia. Also based in Dallas is Indrajit Ponnambalam, the company’s chief financial officer....